CA > Newport Beach > Balboa Peninsula (Residential)
Newport Beach, CA 92661,1320 West Balboa Boulevard
Newport Beach, CA 92661,1320 West Balboa Boulevard
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Listed by Tyler Brown • Compass
$3,850,000
Est. payment /mo
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7 Beds
5 Baths
2,371 SqFt
New

1320 West Balboa Boulevard Newport Beach, CA 92661

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Maureen Alphonso

Maureen Alphonso

+1(805) 279-6885

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,371 sqft

Price per Sqft $1,623

Subdivision Balboa Peninsula (Residential)

MLS Listing ID NP-25108122

Style Bungalow

Bedrooms 7

Full Baths 5

Year Built 1955

Lot Size 3,049 Sqft

Property Sub-Type Duplex

Property Description

Investor Opportunity: Turnkey Duplex on Newport Beach's Balboa Peninsula Introducing a fully remodeled, income-producing duplex in the heart of Newport Beach's prestigious Balboa Peninsula. This turnkey property offers a rare investment opportunity with a proven history of strong short-term rental income. Each of the two units features three bedrooms, two bathrooms, upgraded kitchens, recessed lighting, and individual HVAC systems--ideal for maximizing guest comfort and rental appeal. The property includes a versatile one-bedroom, one-bath bonus suite in the rear unit, as well as dedicated laundry facilities for each unit, adding flexibility and convenience for long- or short-term stays. Outdoor spaces are abundant, with three open patios and a rooftop deck perfect for entertaining and capturing California's coastal lifestyle. Operating with two highly sought-after short-term lodging permits, this duplex has consistently generated impressive rental income. The prime location offers immediate access to both the bay and the beach, ensuring strong demand from vacationers. With ample parking and proximity to world-class beaches, shopping, and dining, this property is an investor's dream. Seize the chance to own a premium, high-performing rental property in Newport Beach.

Location

State CA

County Orange

Area Np - Balboa Peninsula

Interior

Interior Features Ceiling Fan(s), Granite Counters, High Ceilings, Recessed Lighting, Kitchen Open to Family Room, Remodeled Kitchen

Heating Ductless

Cooling Ductless, Wall/Window Unit(s)

Flooring Vinyl

Fireplaces Type None

Laundry Gas Dryer Hookup, In Closet, In Garage, Stackable

Exterior

Exterior Feature Awning(s)

Parking Features Attached Carport, Carport

Garage Spaces 2.0

Pool None

Community Features Sidewalks, Storm Drains, Street Lights, Suburban

Utilities Available Sewer Connected, Water Connected, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected

View Y/N Yes

View Coastline, Ocean, Peek-A-Boo

Building

Lot Description 2-5 Units/Acre

Sewer Public Sewer

Schools

Elementary Schools Newport

Middle Schools Ensign

High Schools Newport Harbor

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agent

Maureen Alphonso

Agent | License ID: 01734126

+1(805) 279-6885

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1320 West Balboa Boulevard